INNERGEX RENEWABLE ENERG - INECN 3.244 PERP (INE-PR-A.CA) Stock Technical Analysis
TSX:INE-PR-A - Toronto Stock Exchange - CA45790B5009 - Currency: CAD
Taking everything into account, INE-PR-A scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, INE-PR-A is showing a nice and steady performance.
Warning: INE-PR-A has an average volume of 2308 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, INE-PR-A did better than 78% of all other stocks. We also observe that the gains produced by INE-PR-A over the past year are nicely spread over this period.
INE-PR-A is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 86% of 39 stocks in the same industry.
INE-PR-A is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month INE-PR-A has a been trading in a tight range between 15.50 and 15.95.
Although INE-PR-A has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.06
16.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.28 to 15.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.20 to 14.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 15.96 to 15.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.38
Mansfield0.26
10 Day High15.95
10 Day Low15.6
20 Day High15.95
20 Day Low15.5
52 Week High15.95
52 Week Low12.2
Performance
1 Week0.82%
2 Weeks0.63%
1 Month2.24%
3 Month7.92%
6 Month9.92%
12 Month31.28%
2 Year9.85%
3 Year-7%
5 Year8.14%
10 Year-6.78%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)63.31
LBB15.63
UBB15.98
INNERGEX RENEWABLE ENERG - INECN 3.244 PERP
TSX:INE-PR-A (2/20/2025, 7:00:00 PM)
15.95
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0%
1 Week0.82%
2 Weeks0.63%
1 Month2.24%
3 Month7.92%
6 Month9.92%
12 Month31.28%
2 Year9.85%
3 Year-7%
5 Year8.14%
10 Year-6.78%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.55%
ATR Inc-19.23%
Range Today0.05
ADR(20)0.03
ADR(20)%0.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.38
Mansfield0.26
10 Day High15.95
10 Day Low15.6
20 Day High15.95
20 Day Low15.5
52 Week High15.95
52 Week Low12.2
CS1 End15.81
CR1 Start15.96
Volume & EV
DER(3)0%
DER(5)-0.35%
Volume8.40K
Volume Incr102.01%
Vol(5)3.05K
Vol(50)2.31K